Shinhan Financial Group (SHG)

Profile

Exchange: NYSE       Sector: Financial       Industry: Foreign Regional Banks

Shinhan Financial Group Co., Ltd. is a South Korean financial holding company. The Company has developed and introduced a range of financial products and services in Korea and delivers a range of financial solutions to clients through a one-portal network. Shinhan Financial Group provides financial services, principally consisting of commercial banking services, consisting of retail banking services; corporate banking services, primarily consisting of small- and medium-sized enterprises banking; large corporate banking; treasury and securities investment; other banking services, including trust account management services provided by Shinhan Bank; credit card services; securities brokerage services; insurance services, primarily consisting of life insurance services; bancassurance; asset management services, including brokerage and trading of various securities, related margin lending and deposit and trust services, and other asset management services, and other services, including leasing and equipment financing, investment trust management, regional banking, investment banking advisory and loan collection and credit reporting. As of 2007, Shinhan is the largest financial company in Korea; Shinhan Bank, its main subsidiary, is the first among banks. Shinhan Financial's largest shareholder is BNP Paribas with 8.5% stake. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.